HSBC is exiting its business banking portfolio in the United States, as it continued to simplify operations and shift its ...

HSBC Holdings Plc is exiting a business that serves small and midsize US companies, as it continues an overhaul aimed at ...

The business acquired was not fully integrated into HSBC, allowing different cultures and standards to persist. Too many small and high-risk accounts were maintained, and the business was ...

The decision to shut down the business is likely to trigger ... its underlying technology platform into HSBC," a spokesperson ...

HSBC Holdings PLC HSBC entered into a joint agreement with Grupo Financiero Galicia (“Galicia”) to sell its Argentina business ... The ADRs will account for roughly 50% of the consideration ...

“My personal comments don’t reflect the views of HSBC or the China-Britain Business Council,” the executive said in a statement to ... Kong police froze the accounts of a former pro ...

NEW YORK--(BUSINESS WIRE)--HSBC Bank USA today announced the launch of the HSBC Hybrid Checking Account, a new product designed to maximize a company’s returns by combining an Earnings Credit ...

HSBC’s biggest shareholder has called on the bank to create a separately listed Asian business headquartered ... a spokesperson for the bank said in a statement. “We remain clear that our ...

The outcome is a win for the bank in its fight with its largest stakeholder, the Chinese insurer Ping An, which argues HSBC isn ... its Hong Kong-based business, which accounts for nearly ...

HSBC announced it had tripled its quarterly profit Tuesday, blowing past expectations as it benefited from high interest rates around the world. Europe’s biggest bank recorded a whopping $12.9 ...